Analysts Set Russel Metals Inc. (TSE:RUS) Price Target at C$59.50

Posted by on May 29th, 2026

Russel Metals Inc. (TSE:RUS – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is C$59.50.

Several equities analysts have issued reports on RUS shares. BMO Capital Markets raised their price objective on Russel Metals from C$51.00 to C$56.00 in a report on Wednesday, May 6th. Raymond James Financial boosted their target price on Russel Metals from C$60.00 to C$65.00 and gave the company an “outperform” rating in a report on Thursday, May 7th. TD Securities upped their target price on Russel Metals from C$50.00 to C$57.00 and gave the company a “buy” rating in a research report on Friday, February 13th. National Bank Financial raised their price target on Russel Metals from C$51.00 to C$52.00 and gave the stock an “outperform” rating in a research note on Thursday, May 7th. Finally, Stifel Nicolaus lifted their price target on Russel Metals from C$49.00 to C$58.50 and gave the stock a “hold” rating in a research report on Thursday, May 7th.

View Our Latest Analysis on RUS

Insider Activity

In related news, insider John Gregory Reid sold 28,935 shares of the stock in a transaction on Wednesday, May 20th. The shares were sold at an average price of C$58.62, for a total transaction of C$1,696,169.70. Following the completion of the sale, the insider owned 306,147 shares in the company, valued at C$17,946,337.14. This represents a 8.64% decrease in their position. Also, Director James Francis Dinning sold 2,500 shares of the firm’s stock in a transaction on Tuesday, May 26th. The stock was sold at an average price of C$60.19, for a total transaction of C$150,475.00. Following the transaction, the director directly owned 21,750 shares in the company, valued at C$1,309,132.50. The trade was a 10.31% decrease in their ownership of the stock. Insiders have sold 46,435 shares of company stock valued at $2,701,667 in the last ninety days. 0.85% of the stock is currently owned by company insiders.

Russel Metals Trading Up 1.6%

Shares of Russel Metals stock opened at C$61.63 on Friday. The company has a current ratio of 2.86, a quick ratio of 1.44 and a debt-to-equity ratio of 29.50. The company has a fifty day simple moving average of C$52.52 and a 200-day simple moving average of C$47.76. The stock has a market cap of C$3.38 billion, a price-to-earnings ratio of 17.31, a PEG ratio of 0.59 and a beta of 0.95. Russel Metals has a 12-month low of C$39.09 and a 12-month high of C$62.30.

Russel Metals (TSE:RUS – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported C$1.30 EPS for the quarter. Russel Metals had a net margin of 4.04% and a return on equity of 12.22%. The firm had revenue of C$1.42 billion for the quarter.

Russel Metals Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 15th. Stockholders of record on Monday, June 15th will be given a dividend of $0.44 per share. The ex-dividend date is Thursday, May 28th. This represents a $1.76 dividend on an annualized basis and a dividend yield of 2.9%. Russel Metals’s dividend payout ratio (DPR) is 48.31%.

Russel Metals Company Profile

(Get Free Report)

Russel Metals is one of the largest metals distribution companies in North America with a growing focus on value-added processing. It carries on business in three segments: metals service centers, energy field stores and steel distributors. Its network of metals service centers carries an extensive line of metal products in a wide range of sizes, shapes and specifications, including carbon hot rolled and cold finished steel, pipe and tubular products, stainless steel, aluminum and other non-ferrous specialty metals.

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Analyst Recommendations for Russel Metals (TSE:RUS)

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